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of this event which were very grateful for, and i think it's symbolic of incredible new energy that is developing in detroit and i should also say that josh created a company called, in 1999 here in detroit, operating all this time. two weeks ago it sold for a nice exit. here's a story of a company, a local copy that came from here, when all the way and he's an real well with the. even vested in a ton of other companies. so i just want to start asking you, steve, you know, when i told you about this you like it neatly, you want to be a part of the trick why do you think techonomy detroit was a good idea? >> i didn't think it was good at that is a great idea. i appreciate that you're willing to do this and shine a spotlight on detroit because to me it is not just about detroit commission of the story of aqaba notion in america and how it really is spread more broadly through the nation than we sometimes relate. silicon valley is the epicenter of enormous innovation, tremendous companies there, exciting, something we're all proud of. but there's also a lot of companies all across
and the truth is, they are brutal. you look what is happening in the iranian energy area, not only the fact that they're able to sell, you know, less than 50% of what they were selling before. it is that their production, their output is down from over 4 million barrels a day to 2.6 million barrels a day. part of the reason for that is precisely because of the sanctions, the inability to continue to invest in the energy infrastructure, the inability to continue to pump and store oil as they shut down oil fields that may not be so easy for them to recoup. you look what is happening to the currency, the devaluation. there are some estimates that the currency is being devalued by half every two months. think about what that means. it means that what you're buying, when you go and you buy something it costs you twice as much. it means what you have in the bank is worth half as much. if this is continuing to happen, it is bound to have an effect on the society as a whole whole. look at what the supreme leader has been saying over the last couple weeks. on more than one occasion he has explicitly
to the committee on energy with instructions to report back the following amendment, number 2880. mr. reid: i ask for the yeas and nays on that motion. the presiding officer: is there a sufficient second? there appears to be. the yeas and nays are ordered. mr. reid: i have an amendment to the instructions. that's also at the desk. the presiding officer: the clerk will report. the clerk: the senator from nevada, mr. reid, proposes amendment numbered 2881 to the instructions on the motion to commit s. 3525. mr. reid: i ask for the yeas and nays on that amendment. the presiding officer: is there a sufficient second? there appears to be. the yeas and nays are ordered. mr. reid: i have a second-degree amendment at the desk. the presiding officer: the clerk will report. the clerk: the senator from nevada, mr. reid, proposes amendment numbered 2882 to amendment numbered 2881. mr. reid: i have a cloture motion on the bill that is already at the desk. the presiding officer: the clerk will report. the clerk: cloture motion. we, the undersigned senators in accordance with the provisions of rule 22 of the st
energy. we need to renew that production tax credit. it's encouraged billions of dollars in investment and helped create tens of thousands of good-paying moobs across our country -- american jobs across our country. but i have to tell your our inaction here is jeopardizing the future of what's really a promising industry. we've literally over the last months seen wind industry jobs in the thousands disappear. that's not a statistic, not just a statement, those jobs affected real americans. and these job losses were completely preventible. and it's time for us to get back to work and extend the production tax credit so that our wind energy industry can also get back to work. and one of the things i've done, mr. president, i've come to the floor some 20-plus times, is focus on an individual state. i want today talk about a state that has incredible potential for wind power. and that's montana. the last best place as montanans like to describe their amazing state. and like almost every state in the country, montana's seen the jobs, clean energy and economic benefits of wind power. i want
Search Results 0 to 3 of about 4

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